Historic Greenwich Studios Hits the Market

Greenwich Studios in North Miami, a historic warehouse complex that has hosted productions like “Flipper” and the iconic “Miami Vice,” hit the market for $15 million this week.

The warehouse at 12100 Northeast 16th Avenue #100, founded by movie producer Ivan Tors in the 60’s, has been the set of blockbuster movies like “The Birdcage,” “Stuck On You,” and “There’s Something About Mary.”

Sylvan Adams, the CEO of Iberville Developments, bought the property in 1990 for $1.4 million. And now studio manager Carlene Tiedmann told the press that developers have been eyeing the property since. The warehouse complex has three warehouses that combine for 47,000 square feet, and sits on a 2.7-acre parcel.

Engin Yergin and Steven Brodsky of Common Capital Partners have the listing, whose land falls under a PD zoning code, which permits residential and mixed-use development.

“Interested buyers could turn it into a condo or multifamily development,” Yergin told the press. “Or maybe another studio for the film industry.”